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Jan 15, 2013
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so put this in a separate category to a broader question under obama. we have come to talk about this stuff of 5 million green jobs and international treaties. it's hard to do any of that. so you're not going to produces 5 million green jobs, negotiating a global treaty is hard work and obama has been no better than george w. bush was. a lot of people have stopped talking about those issues have gotten involved in specific small things, like reversing their position on cracking, which used to be seen as a green energy and a lot of people are opposing. neil: maybe this is a healthy development for folks like you and people have come to realize that you have to have money to invest. >> we do. public investments are going on. they're going of the united states. >> but it's not coming out of thin air. >> okay, but it's not an investment. we are investing. $70 billion. >> not entirely, it is creating green energy jobs. >> do think you're getting as much bang for the buck trying to do so? >> well, yes, we are anticipated to see 4.4 million jobs. neil: but wha
so put this in a separate category to a broader question under obama. we have come to talk about this stuff of 5 million green jobs and international treaties. it's hard to do any of that. so you're not going to produces 5 million green jobs, negotiating a global treaty is hard work and obama has been no better than george w. bush was. a lot of people have stopped talking about those issues have gotten involved in specific small things, like reversing their position on cracking, which used to...
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Jan 15, 2013
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and again, president obama refuses to talk about any of them. he doesn't think we have a spending problem. well, then why is our nation hitting the credit card limit again? because the government is spending too much. we have to solve that problem. >> many thanks. appreciate it, sir. >> great being with you. >>> let's bring in our panel to talk about this. we have molly ball with the atlantic. kate, author of "divider in chief." and robert costa from the national review. if i wanted a deal, i wouldn't insult, demonize and pound away at the opposition. he certainly to use a cnbc phrase is not rising above partion. where does he get off doing this? >> larry, this is the politics of what happens in washington. president obama went to the podium today and he outlined the hard-line position. this was red meat for the liberal base. we know though just as we saw in the fiscal cliff that a deal will have to be struck to avoid a government shut down. i think he ultimately he will come to the center, depends how much. >> kate, i don't think america is a d
and again, president obama refuses to talk about any of them. he doesn't think we have a spending problem. well, then why is our nation hitting the credit card limit again? because the government is spending too much. we have to solve that problem. >> many thanks. appreciate it, sir. >> great being with you. >>> let's bring in our panel to talk about this. we have molly ball with the atlantic. kate, author of "divider in chief." and robert costa from the national...
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Jan 17, 2013
01/13
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obama talks about the clinton years, but taxes were higher for lower income, families, child credits were not there, and lower rates. what's the problem is it did not apply to people and added layers of complexity to an already ridiculously complex tax code. as an investment advisers you have to deal with rates, created new ones nowings baa there's an additional 3.6, and if you're at this income, there's .9%, and you're creating many more bracts, not -- brackets. there's rates from 0, 5, 15, i think there's a 23.9 all for different levels, and then types of income. buying gold, that's taxed at 5 rate, stocks is ooe thing, and, you know, partnerships, it's totally complicated, and is not going to raise a lot of money versus the progressiveness of the tax code, but the multilayer complexity, a progressive simple tax code would be easier to deal with, remove the deductions and a complicated weird way to analyze the impact and mortgage deduction apply as much. phases out. we have a phase out called amt. neil: bill clinton maybe has the best example. he raised income taxes, but he lowered
obama talks about the clinton years, but taxes were higher for lower income, families, child credits were not there, and lower rates. what's the problem is it did not apply to people and added layers of complexity to an already ridiculously complex tax code. as an investment advisers you have to deal with rates, created new ones nowings baa there's an additional 3.6, and if you're at this income, there's .9%, and you're creating many more bracts, not -- brackets. there's rates from 0, 5, 15, i...
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Jan 20, 2013
01/13
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for over three decades the sharpest sources, talk. >>> presidential mismaking. >> president obama arranged a new year's deal to elude the fiscal cliff. republicans and democrats both consented to the deal. now neither party is happy with the outcome. democrats complain
for over three decades the sharpest sources, talk. >>> presidential mismaking. >> president obama arranged a new year's deal to elude the fiscal cliff. republicans and democrats both consented to the deal. now neither party is happy with the outcome. democrats complain
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Jan 14, 2013
01/13
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we're not talking about obama care here. this was two paragraphs giving aid to people in need. you guys couldn't bring yourself to vote for it because of some stupid principle you yourselves only occasionally live by. here's the thing. if you can't vote for them, i'm not saying you're responsible for all the problems facing our country but you sure are making ( cheers and applause ) >> jon: welcome back. our guest is a fine, fine actress. her new film is les miserables. ♪ i dreamed a dream in time gone by ♪ ♪ when hope was high and life was was worth living ♪ ♪ i dreamed of love that would never die ♪ ♪ i dreamed it would be forgiving ♪ >> jon: she's very talented. please welcome back to the show ann hathaway. ( cheers and applause ) >> wow! jon: thank you so much for being here >> thank you. ( cheers and applause ) thank you for being back on the air. >> jon: we're delighted. i'm delighted to be back. we missed it. i just spent the whole time in my underwear yelling at the tv. >> you too? jon: it's good to put on a suit and yell at people while they're watching
we're not talking about obama care here. this was two paragraphs giving aid to people in need. you guys couldn't bring yourself to vote for it because of some stupid principle you yourselves only occasionally live by. here's the thing. if you can't vote for them, i'm not saying you're responsible for all the problems facing our country but you sure are making ( cheers and applause ) >> jon: welcome back. our guest is a fine, fine actress. her new film is les miserables. ♪ i dreamed a...
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Jan 16, 2013
01/13
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i just want to put up what our first read has put out today, talking about president obama's announcement, saying bottom line, obama is going to go as big as he can go, realizing there's little political downside, at least in the short term. chris, your reaction to that? is there really no downside to going straight for this as strongly as he can, fresh out of the gate and off the heels of the gun task force of the vice president's suggestions? >> well, obviously it's going to depend on what the president proposes but i think you've seen from the polls and i think you've seen the reaction from the country that something needs to be done. this is not something that's going to be solved with one simple measure. i think the president and his team have decided that a more comprehensive, bold approach is the smart thing to do. part that's disappointing to me is in this entire debate that kind of erupted obviously after the newtown shootings, is you've not heard anything from the republicans in terms of what they would be willing to even consider. would they consider magazines, would they consi
i just want to put up what our first read has put out today, talking about president obama's announcement, saying bottom line, obama is going to go as big as he can go, realizing there's little political downside, at least in the short term. chris, your reaction to that? is there really no downside to going straight for this as strongly as he can, fresh out of the gate and off the heels of the gun task force of the vice president's suggestions? >> well, obviously it's going to depend on...
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Jan 16, 2013
01/13
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voted for refusing to raise the debt ceiling in 2006, talking about president obama. >> let me give you a history. when i came to the congress in 1977, one of the first days i was there, tip o'neill saw me, said, you look like a nice young guy, we need somebody to carry out the trash. he said carrying out the trash is passing the debt limit increase. i spent five years. this is a crazy story, doing little else than going to my colleagues in the domestemocraty to get a vote in the debt ceiling. everybody wanted to vote against it because it could be used against them in the election. everybody knew it had to pass and every time it would pass by one or two votes after i worked on it for weeks and weeks. i said, this is crazy. everybody knows you have to pass it, you already spent the money, like going in a restaurant and saying, i don't want to pay the bill. that's cracrazy. we passed something called the gephardt bill when you pass the budget, you pass the debt ceiling automatically to accommodate those budget figures. yes, you're right. this issue raises all the deficit issues. it s
voted for refusing to raise the debt ceiling in 2006, talking about president obama. >> let me give you a history. when i came to the congress in 1977, one of the first days i was there, tip o'neill saw me, said, you look like a nice young guy, we need somebody to carry out the trash. he said carrying out the trash is passing the debt limit increase. i spent five years. this is a crazy story, doing little else than going to my colleagues in the domestemocraty to get a vote in the debt...
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Jan 15, 2013
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president obama does not do that. >> you know, not many people are like bill clinton. i think that's -- just unfair. but you know, i -- feel the president's annoyance yesterday when he was talking about -- palpable. >> i hear that people tell him you don't do this enough. boy, he gets -- sort of bristles. wait a minute. >> yeah. actually they do. and they invite republicans to come to the white house and choose not to come. this whole relationship building thing, it is a would-way street. he can only offer so much. republicans eventually have to say okay, maybe we will come to one of your state i didn'ters. >> well, the -- john, so already this morning, the pushback, it is not the formal stuff where -- upset about. it is the informal outrage. >> the president has to be true to who he is. you know. >> that's who he is. >> hay is an introverted guy. maybe overstated it but -- >> quote order the record about this. >> that's right. doesn't like to back slap. at the same time, it would help, i'm sure if he was more extroverted. it will reply a role in the next four years if
president obama does not do that. >> you know, not many people are like bill clinton. i think that's -- just unfair. but you know, i -- feel the president's annoyance yesterday when he was talking about -- palpable. >> i hear that people tell him you don't do this enough. boy, he gets -- sort of bristles. wait a minute. >> yeah. actually they do. and they invite republicans to come to the white house and choose not to come. this whole relationship building thing, it is a...
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Jan 16, 2013
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i wonder if you can talk about biden's role in the administration. what it says that he was tapped for the role about his status in administration. this was a moment when we say wow, this has been one of the more consequential vice presidents? >> biden has been influential in a way that was not appreciated. chuck hagel seems to be on his way to being secretary of defense. they are very close and i don't know that obama had a deep relationship with him, but there other ways in which his fingerprints are on the president's policies and afghanistan won the argument. two things here i would add on guns specifically. biden in a way is -- a messenger for obama and sectors that may not trust him. he's got working class roots from industrial pennsylvania. he's catholic. i guess that the white house sees him as a messenger to people who might be skeptical and have ideas of what obama's agenda is and that biden could be a better messenger on this. i hate to bring up the 2016 number, but i think you may see more opportunities for biden to step out and prove him
i wonder if you can talk about biden's role in the administration. what it says that he was tapped for the role about his status in administration. this was a moment when we say wow, this has been one of the more consequential vice presidents? >> biden has been influential in a way that was not appreciated. chuck hagel seems to be on his way to being secretary of defense. they are very close and i don't know that obama had a deep relationship with him, but there other ways in which his...
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Jan 20, 2013
01/13
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fo >>> we're talking guns. obama and ravens. >> coming uo
fo >>> we're talking guns. obama and ravens. >> coming uo
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Jan 19, 2013
01/13
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four complete coverage of the second inauguration of president barack obama. join me at 11:00 a.m. eastern time. i'll answer your questions about that and more in my monthly website. that what a busy week. you can send your questions in advance to "washington week" at pbs.org. and we'll see you next week. good night. >> corporate funding for "washington week" is provided by -- >> additional corporate funding for "washington week" is provided by prudential, additional funding is provided by the contributions from thu.k yo anth
four complete coverage of the second inauguration of president barack obama. join me at 11:00 a.m. eastern time. i'll answer your questions about that and more in my monthly website. that what a busy week. you can send your questions in advance to "washington week" at pbs.org. and we'll see you next week. good night. >> corporate funding for "washington week" is provided by -- >> additional corporate funding for "washington week" is provided by...
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Jan 19, 2013
01/13
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four complete coverage of the second inauguration of president barack obama. join me at 11:00 a.m. eastern time. i'll answer your questions about that and more in my monthly website. that what a busy week. you can send your questions in advance to "washington week" at pbs.org. and we'll see you next week. good night. >> corporate funding for "washington week" is provided by -- >> additional corporate funding for "washington week" is provided by prudential, additional funding is provided by the contributions from viewers like you. thank you. >>> the following kqed production was produced in high definition. ♪ ♪ ♪ >>> every single bite needed to be great. >> twinkies in there. >> wow! >> it's like a great, big hug in the whole city. >> that food is about all i can handle. my parents put chili powder in my baby food. >> french fries everywhere, all over the table and just a lot of chili.
four complete coverage of the second inauguration of president barack obama. join me at 11:00 a.m. eastern time. i'll answer your questions about that and more in my monthly website. that what a busy week. you can send your questions in advance to "washington week" at pbs.org. and we'll see you next week. good night. >> corporate funding for "washington week" is provided by -- >> additional corporate funding for "washington week" is provided by...
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Jan 19, 2013
01/13
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four complete coverage of the send iugnuratio barack obama. join me at 11:00 a.m. eastern time. i'll answer your questions about that and more in my monthly website. that what a busy week. you can send your questions in advance to "washington week" at pbs.org. and we'll see you next week. good night. >> corporate funding for "washington week" is provided by -- >> additional corporate funding for "washington week" is provided by prudential, additional funding is provided by the contributions from ouvikes ew. yli k anu. vo:geico, committed to providing service to its auto insurance customers for over 70 years. more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.
four complete coverage of the send iugnuratio barack obama. join me at 11:00 a.m. eastern time. i'll answer your questions about that and more in my monthly website. that what a busy week. you can send your questions in advance to "washington week" at pbs.org. and we'll see you next week. good night. >> corporate funding for "washington week" is provided by -- >> additional corporate funding for "washington week" is provided by prudential, additional...
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Jan 18, 2013
01/13
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why isn't he talking about this? >> he never mentioned it yesterday in the speech. >> an incredible thing. its not police who are supposed to be raising kids in gangs. by the way, adam lanza is a child of divorce. we never talk about the 50% divorce rate and the rage that leads to in children. i'm a child of divorce and i know what that feels like to be a yo-yo going back and forth on the weekends. >> look, besides family breakup, a lot of the kids do get to school. there's no faith in school anymore. i don't know if they know what the ten commandments are. >> they don't. >> or the difference between right and wrong. they're ten commandments, not ten suggestions. one is thou shalt not kill. if you learn that, i'm not saying faith will prevent any of these disasters. but i am saying it might. at the margins, it just might improve the whole -- >> i think what really has been devastating is this kind of eugenics social engineering which thought that something could replace god, to define value. value's clarification was
why isn't he talking about this? >> he never mentioned it yesterday in the speech. >> an incredible thing. its not police who are supposed to be raising kids in gangs. by the way, adam lanza is a child of divorce. we never talk about the 50% divorce rate and the rage that leads to in children. i'm a child of divorce and i know what that feels like to be a yo-yo going back and forth on the weekends. >> look, besides family breakup, a lot of the kids do get to school. there's no...
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Jan 21, 2013
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you hear some talk about joe biden running for president. i personally wouldn't expect it, but can't rule it out. jared, you worked for him. >> i personally wouldn't expect it either, but exactly what you said. you never want to rule these things out. i think politicians at that level think about being the president. it's just a natural thing. one thing i will say about vice president biden is, boy, is his stock riding high. he has been integral to so much during that first term. some of it you didn't see early on or you didn't see much of. marshaling the recovery act. but in recent months obviously -- >> and he was the dealmaker. he was the one who sat down with mcconnell, and mcconnell said get me biden. >> he's got these old-school skills that have turned out to be extremely important lately. >> one other thing, to the extent -- back to the original question about what the administration or the president could do for the economy and for investing. you know it would be -- i know there was a period where he had to show his disdain, american
you hear some talk about joe biden running for president. i personally wouldn't expect it, but can't rule it out. jared, you worked for him. >> i personally wouldn't expect it either, but exactly what you said. you never want to rule these things out. i think politicians at that level think about being the president. it's just a natural thing. one thing i will say about vice president biden is, boy, is his stock riding high. he has been integral to so much during that first term. some of...
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Jan 20, 2013
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let's talk about that on our roundtable and bring you in, george will. one of the reasons he might be reaching back into history is that if you look at recent second inaugurals, not all that memorable, and recent second terms, not great records. >> i would guess he would reach back not to '57 but to '37 to fdr's very combative speech. in march 4th when we inaugurated back then 1801, thomas jefferson gave a speech saying "we are all republicans, we are all federalists, we're all of one common principle." well, i don't expect to hear that from this president because he is combative, and he does feel the will of the world. the 1800 election may have been the most important election in world history because it was the first time power had been peacefully transferred after an election and this great healing moment. i think this president feels the way roosevelt did in '37. >> well, of course, nobody believes thomas jefferson and john adams snuck out of town ahead of time because he didn't want to be there to witness his defeater making that speech. so it wasn
let's talk about that on our roundtable and bring you in, george will. one of the reasons he might be reaching back into history is that if you look at recent second inaugurals, not all that memorable, and recent second terms, not great records. >> i would guess he would reach back not to '57 but to '37 to fdr's very combative speech. in march 4th when we inaugurated back then 1801, thomas jefferson gave a speech saying "we are all republicans, we are all federalists, we're all of...
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Jan 17, 2013
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the other end of it from a policy standpoint is president obama talking about more money for psychiatric services for specifically young people to try to figure out an early age prone to violent behavior. i guess my two questions about that, i wonder, first of all, is this going to necessitate a change in the law about doctor/patient confidentiality? if a red flag, you know, is raised, are we going to need to change the law so the doctor is able to alert the authorities and act on the information? flip side of that is if that's the case and the doctor's empowered to do that, do you think that might cause young people to clam up and not be as forthcoming as we need them to be? >> great questions, steve. i think the answer to the first thing is, yes. you're seeing a proposal in colorado not getting enough attention on the mental health side and proposed a change in the legal standard where now doctors who previously were supposed to inform the authorities if there was some imminent risk to, you know, of harm to others, now will have a slightly, you know, a less stringent standard of substa
the other end of it from a policy standpoint is president obama talking about more money for psychiatric services for specifically young people to try to figure out an early age prone to violent behavior. i guess my two questions about that, i wonder, first of all, is this going to necessitate a change in the law about doctor/patient confidentiality? if a red flag, you know, is raised, are we going to need to change the law so the doctor is able to alert the authorities and act on the...
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Jan 17, 2013
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what was the open letter to president obama? strong. there is an awakening -- and when the black prophetic tradition might set, you got something because then you got jamal and leticia on the block beginning to say, "i need to talk politically, not be addicted to this cultural, superficial spectacle." and that is what we are about >> and yet have the whole discussion about the bipartisan consensus. republican house speaker john boehner told newly reelected president obama he wants to see obama succeed. >> mr. president, this is your moment. we are ready to be led -- not as democrats or republicans, but as americans. we want you to lead. not as a liberal or conservative, but as president of the united states of america. we want you to succeed. challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunctions and to the right thing together for our country. >> there you have house speaker john boehner. >> i appreciate the sentiment, but the words at the moment, we will see what kind of truth, what kind of
what was the open letter to president obama? strong. there is an awakening -- and when the black prophetic tradition might set, you got something because then you got jamal and leticia on the block beginning to say, "i need to talk politically, not be addicted to this cultural, superficial spectacle." and that is what we are about >> and yet have the whole discussion about the bipartisan consensus. republican house speaker john boehner told newly reelected president obama he...
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Jan 20, 2013
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[applause] >> president obama talked about his recent proposals for producing gun violence the unveiled earlier this week. he asked the american people to find out where their representatives stand on the issue. james lankford deliver the republican and just in which called on the president to submit a budget that addresses the national debt and what he called uncontrolled spending. >> this week i announced a series of concrete steps to take to protect our children and communities from gun violence. these proposals grew out of meetings vice-president of biden and his task force held over the last month with more than 200 different groups, from parents to teachers, to religious leaders and mental health professionals. in the weeks ahead, i will do everything in my power to make them a reality. while we may not be able to prevent every senseless act of violence in this country, if there is even one thing we can do to reduce it, if even one life can be saved, we have an obligation to try. my administration has taken a series of actions right away from strengthening our background check sys
[applause] >> president obama talked about his recent proposals for producing gun violence the unveiled earlier this week. he asked the american people to find out where their representatives stand on the issue. james lankford deliver the republican and just in which called on the president to submit a budget that addresses the national debt and what he called uncontrolled spending. >> this week i announced a series of concrete steps to take to protect our children and communities...
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is -- the people are talking about impeachment over the fact that he might use some executive order privilege to get gun control? >> well, actually i was elected in 1992 to the house and actually did vote on the assault weapons ban in 1994, went through reelection and it was a tough time, but the fact is i think people realize today that we've got to do something. i agree, listening to those parents talk about the loss of their children, it's excruciating. we've got to do something. i think the president realizes that and he'll take some action that he can. i don't think he will overstep his bounds, he will look at the opportunities he has and will work to reach out to congress to see what requires legislation, but what's got to be comprehensive, no doubt about that. i represented a huge district in my house district, three counties didn't even have any services from the mentally ill. so there's a lot that can be done and we've got to work comprehensively, but going back to the last question, i just have to say friendships tame time. they do take work. i came to the senate in 1998,
is -- the people are talking about impeachment over the fact that he might use some executive order privilege to get gun control? >> well, actually i was elected in 1992 to the house and actually did vote on the assault weapons ban in 1994, went through reelection and it was a tough time, but the fact is i think people realize today that we've got to do something. i agree, listening to those parents talk about the loss of their children, it's excruciating. we've got to do something. i...
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Jan 15, 2013
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as we talked about before. we're seeing an incredible swelling not only in the purchasing of guns but in the, in nra membership as well. i think that there is an expected, expectation on the part of the administration that the national rifle association's power is going to be quite, formidable and that they are not going to be able to pass everything in their legislative package, which as you mention is going to be outlined in specifics, soon. it will include, an assault weapons ban. it will include restrictions on magazine clips and high capacity ammunition. that is the kind of thing that will be fought hard by the nra. white house doesn't expect an assault weapons ban to pass but it will include it in its goals because they want to include everything in its goals. i think what they're expecting in the end to find consensus on is more like, i said, consensus and cooperation in the area of background checks and screening, before guns are purchased. maybe the closing of the gun show loophole so that people engag
as we talked about before. we're seeing an incredible swelling not only in the purchasing of guns but in the, in nra membership as well. i think that there is an expected, expectation on the part of the administration that the national rifle association's power is going to be quite, formidable and that they are not going to be able to pass everything in their legislative package, which as you mention is going to be outlined in specifics, soon. it will include, an assault weapons ban. it will...
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Jan 13, 2013
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about president obama that might land differently with african-americans than they do with the general public, so it is i think a question about framing, but i also think it's got to be about specificity. the gop, for instance, now talking about spending cuts. are they prepared to say the "m" word? are they prepared to talk about medicare and are they prepared to talk about social security? so in some ways they are dancing around and being vague about entitlement and spending cuts but have been really loathe to get down to specifics. >> nia, there you go. you had a name there, colin powell. maybe that's the person you'll add to the list. >> stay with us. don't go anyway, ari, nia and matt. still ahead, how will the united states react to vice president joe biden's gun safety recommendations that will be coming out we expect on tuesday. we'll pick it up there when we come back. the place for politics, msnbc. . spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was
about president obama that might land differently with african-americans than they do with the general public, so it is i think a question about framing, but i also think it's got to be about specificity. the gop, for instance, now talking about spending cuts. are they prepared to say the "m" word? are they prepared to talk about medicare and are they prepared to talk about social security? so in some ways they are dancing around and being vague about entitlement and spending cuts but...
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Jan 14, 2013
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but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking about it an awful lot. >> great question, carl. it's a political question. you can default on the interest payments, and that's a sort of, i guess the technical or legal version of default. or you can default on obligations. in other words, the government incurs a debt, but doesn't pay it. that's of a different order of magnitude from defaulting on the interest payments on the debt. in general, the white house wants you to believe that default is everything. and it's a terrible, terrible thing to happen. where as i think the republican point of view is more narrow, that you can default on other payments a
but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking...
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Jan 14, 2013
01/13
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president obama spent the better part of the hour talking about the debt ceiling. so we'll go into the details about what it is, exactly. it is a cap on the amount of money the federal government may borrow. the cap is actually set by congress. so it includes money the federal government borrows from the public. for example, u.s. bonds, right? also includes debt that the treasury owes the government, trust funds like social security and medicare. right now, the ceiling, is it set at almost $16.4 trillion. the country's borrowing already hit that mark. that happened on december 31st. so the ceiling is raised periodically because both parties, they have to have approved the tax cuts and the spending increases over the years, knowing that they're going to add to the deficits. by doing so, they increase the country's need to borrow in the future. since 1962, congress has raised the debt limit 76 times, 11 times in the past decade. i want to talk about the debate over the debt ceiling, how it affects the overall economy. our georgia tech economics professor, danny bosto
president obama spent the better part of the hour talking about the debt ceiling. so we'll go into the details about what it is, exactly. it is a cap on the amount of money the federal government may borrow. the cap is actually set by congress. so it includes money the federal government borrows from the public. for example, u.s. bonds, right? also includes debt that the treasury owes the government, trust funds like social security and medicare. right now, the ceiling, is it set at almost...
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Jan 17, 2013
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in your piece you talk about religious freedom day. president obama said we remember religious liberty is not just an american human right it is liberty to protected here at home and across the globe of the why is the white house not more involved in this case? >> i think it is outrage just what we've seen from the state department so far. we held back on the criticism because we know it takes time for the executive branch of u.s. government handling all the different issues. they have had since july. we started representing pastor saeed when ripped off a bus. we represented him within 48 hours. they to the a call, to his wife been on fox news in the united states that they couldn't do anything. until last week when the media pressure and attention really turned up because of this hanging judge that was ounce noed. he is sanctioned by the european union. our own u.s. commission on international religious freedom said he should be sanctioned. until that happened and we got this letter from the pastor from jail saying he was beat and tor
in your piece you talk about religious freedom day. president obama said we remember religious liberty is not just an american human right it is liberty to protected here at home and across the globe of the why is the white house not more involved in this case? >> i think it is outrage just what we've seen from the state department so far. we held back on the criticism because we know it takes time for the executive branch of u.s. government handling all the different issues. they have...
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Jan 16, 2013
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will president obama compromise? >> i'm not sure he is going to compromise on this debt ceiling fight. it is important to talk about the broader contours of this actual debate. a year and a half ago we had an increase of 1 $2.1 trillion. and we are through that. and now we are up to $17 trillion. so, in my view to be candid. there is only one party that is remotely serious about dealing with this party. if we are talking tactics, what do you do if you are house republicans? you have leverage. you have talked about them already on this show. one of them is the debt ceiling fight. and the final one is the continuing resolution which is the stop gap thing because we haven't had a budget for four years. i agree with you. i think the president has the high ground there. he has a big weapon in his arsenal there. you have to give the president his way on that. >> if you pay the debt but you have to apportion out the money, the term for that is default. >> mark, my basic view is this is going to get done. but i'd like to mov
will president obama compromise? >> i'm not sure he is going to compromise on this debt ceiling fight. it is important to talk about the broader contours of this actual debate. a year and a half ago we had an increase of 1 $2.1 trillion. and we are through that. and now we are up to $17 trillion. so, in my view to be candid. there is only one party that is remotely serious about dealing with this party. if we are talking tactics, what do you do if you are house republicans? you have...
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Jan 19, 2013
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. >> stop talking about rape. >> find something else. >> i'm running for office, i can't have illegals, i want to protect legal immigration. >> they have a big problem in national elections. >> president obama has won the election. >> the president right now has a higher approval rating certainly than congress. >> horrible numbers for congress. >> a pitiful 14%. >> pretty bad numbers on john boehner's report card. >> the debt ceiling is a dangerous game. >> i don't see that as a winner for them. >> don't fight battles you can't win. >> it is a troubled time for the party. >> let's stop for a second. >> let's make clear decisions. >> the republican strategy. >> stop talking about rape. >> don't fight battles you can't win. >> it is a troubled time for the party, get something done. >> we have to be the party of new solutions, we're not just going to be the party of no. >> it is groundhog day. >> the conservatives, the retreat, we've come a long way since. >> i'm ezra klein in for lawrence o'donnell, one of the great moments, when redford having just won the election, sits down on the be
. >> stop talking about rape. >> find something else. >> i'm running for office, i can't have illegals, i want to protect legal immigration. >> they have a big problem in national elections. >> president obama has won the election. >> the president right now has a higher approval rating certainly than congress. >> horrible numbers for congress. >> a pitiful 14%. >> pretty bad numbers on john boehner's report card. >> the debt ceiling...
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Jan 15, 2013
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>> well, you know, somebody tweeted today, i have forgotten who it was, that president obama talked today as if he just won an election. and guess what? this issue was on the table. and the american people decided no, they don't believe, we don't believe as a people that all government is useless. we expect a lot of things of government. and i actually thought that little segment you showed from frank luntz is very revealing, because republicans for years have thought that saying the word "small government" was the popular way to go. and the fact that frank luntz, their favorite language maven is telling them they shouldn't use small government anymore i think tells us a lot about the shift in public dialogue in the fact that the american people are saying we don't want this way of talking about government anymore. >> ruth conniff, speaker boehner is at the mercy of the extremists in his own party who seem willing to throw the country into chaos. do you believe, or do you think that boehner would put his leadership position at risk to prevent this? i mean, when i say leadership, we're to
>> well, you know, somebody tweeted today, i have forgotten who it was, that president obama talked today as if he just won an election. and guess what? this issue was on the table. and the american people decided no, they don't believe, we don't believe as a people that all government is useless. we expect a lot of things of government. and i actually thought that little segment you showed from frank luntz is very revealing, because republicans for years have thought that saying the word...
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Jan 17, 2013
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you were talking to, he knows. they do not care. the democrats and obama do not care there have been 53 million a babies killed in america. host: all right. we are talking about guns this morning. 61,500 collectors, 51,000 retail shops, 7300 pawnshops and other -- 9600. firearms manufactured in the u.s., 5.4 million. 2.2 million of those were pistols. 1.8 million were rifles. 743,000 or shotguns. 68,000 miscellaneous. back to the president's 23 executive actions signed yesterday. here is no. 15. direct the attorney general to issue a report on the availability of the most effective use of new density technologies and challenge the private sector to develop innovative technologies. clarify that the affordable care act does not prohibit doctors asking their patience about patiencein their homes. release a letter to health-care providers clarifying no federal law prohibits them from reporting threats of violence in law enforcement authorities. provide incentives for schools to hire skilled resource officers. developed model emergency r
you were talking to, he knows. they do not care. the democrats and obama do not care there have been 53 million a babies killed in america. host: all right. we are talking about guns this morning. 61,500 collectors, 51,000 retail shops, 7300 pawnshops and other -- 9600. firearms manufactured in the u.s., 5.4 million. 2.2 million of those were pistols. 1.8 million were rifles. 743,000 or shotguns. 68,000 miscellaneous. back to the president's 23 executive actions signed yesterday. here is no....
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Jan 17, 2013
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getting a major boost from one of these themes, i'm talking about the incredible rally in the temporary staffing companies. companies that provide temps to other businesses and how it's being fueled in part by the pending implementation of obama care next year. which is one of the themes i told you about last week, the government made me do it theme. the staffing companies are in flago right now. and i think they'll stay that way for the rest of the year. i think in part because of the affordable care act. they are ultrasensitive to changes in the labor market. temporary employment is more cyclical than regular labor market. first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. just today we saw the jobless claims drop to the lowest level in five years. >> house ofre. >> full-time employment up 1.4% in 2012, the total number of temporary employees increased by 6.2%. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately
getting a major boost from one of these themes, i'm talking about the incredible rally in the temporary staffing companies. companies that provide temps to other businesses and how it's being fueled in part by the pending implementation of obama care next year. which is one of the themes i told you about last week, the government made me do it theme. the staffing companies are in flago right now. and i think they'll stay that way for the rest of the year. i think in part because of the...
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Jan 14, 2013
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he's going to start off by talking about the debt ceiling. we'll have that for you live right here on ms nrk bc. >>> today's tweet of the day is about one part of the golden globes thats has gotten a lot of attention today. marley matalin writes, jodie foster at the golden globes, pure jody, rightfully defending her privacy while doing it with brains and a smile. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength stress response scent. i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! two. three. my credit card rewards are easy to remember with the bankamericard cash rewards credit card. earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas. no hoops to jump through. i earn more cash back on the things i buy the most. [ woman ] it's as easy as... one! -two. -[ all ] three! [ male announcer ] t
he's going to start off by talking about the debt ceiling. we'll have that for you live right here on ms nrk bc. >>> today's tweet of the day is about one part of the golden globes thats has gotten a lot of attention today. marley matalin writes, jodie foster at the golden globes, pure jody, rightfully defending her privacy while doing it with brains and a smile. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new...
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Jan 21, 2013
01/13
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we're talking about that next. plus, a big hospital finally reopening after superstorm sandy. >> how did you feel when the hurricane hit and they had to close the hospital? >> very nervous. all that kept going through in my mind is where am i going to have my baby? i was comfortable coming here. i was very nervous, and then the first day that you guys opened, and my water breaks. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. stuart: remember the iconic gaming system that introduced games to the world? filed for chapter 11 bankruptcy for its u.s. unit. it plans to start selling in the next few months so it can split from its parent company info games. atari started to make some money after a move to m
we're talking about that next. plus, a big hospital finally reopening after superstorm sandy. >> how did you feel when the hurricane hit and they had to close the hospital? >> very nervous. all that kept going through in my mind is where am i going to have my baby? i was comfortable coming here. i was very nervous, and then the first day that you guys opened, and my water breaks. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business....
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Jan 15, 2013
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we always talk about whether or not we're going to kick the can down the road. i think the mood is that we have come to the end of the road. what road? and republican congresswoman marsha blackburn of tennessee said this to msnbc's chris jansing. let me ask you if you're willing to shut the government down? >> we're looking at all the options, there is the option of government shutdown, the option of raising the debt ceiling in short-term increments. i think there is a way to avoid default if it requires shutting down portions of the government. let's look at that. >> and in his press conference, president obama quoted speaker john boehner from 2011. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this,
we always talk about whether or not we're going to kick the can down the road. i think the mood is that we have come to the end of the road. what road? and republican congresswoman marsha blackburn of tennessee said this to msnbc's chris jansing. let me ask you if you're willing to shut the government down? >> we're looking at all the options, there is the option of government shutdown, the option of raising the debt ceiling in short-term increments. i think there is a way to avoid...
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Jan 18, 2013
01/13
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some has to do with anticipation of the obama health care act, which i'll talk about this in a minute. they are ultrasensitive to changes in the labor market. temporary employment is more cyclical than regular labor market. temps are the first to get fired in a downturn and the first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. ♪ hallelujah just today we saw the jobless claims drop to the lowest level in five years. >> house of pleasure. >> plus, while full-time employment was only up 1.4% in 2012, the total number of temporary employees increased by 6.2. that rapid growth is expected to continue in 2013. the street is looking for 5% growth in temporary employment this year. however, i think that number could ultimately end up being conservative thanks to the affordable care act. aka obama care. once that goes into affect in 2014, companies that employ more than 50 full-time workers will either need to provide their employees with expensive health care coverage or pay $2,000 to $3,000 penalty. that's why businesses of all s
some has to do with anticipation of the obama health care act, which i'll talk about this in a minute. they are ultrasensitive to changes in the labor market. temporary employment is more cyclical than regular labor market. temps are the first to get fired in a downturn and the first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. ♪ hallelujah just today we saw the jobless claims drop to the lowest level in five years. >> house of...
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Jan 14, 2013
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his poll numbers went up, and i imagine that the same thing would happen with obama. and, of course, there would be this attendant impact on the economy and attendant impact on people getting their government benefits and all sorts of things. so, again, i think the republican party talks about refashioning and rebranding and i think one of the ideas is to look at reagan. they always talk about reagan, but if you look at some of the things reagan actually did around immigration reform, for instance, this isn't a party that so far is will to do that and embrace some of those parts of reagan's legacy. >> steve, we heard colin powell saying this weekend that he doesn't understand why senior republicans continue to tolerate the kind of racial code words that actually proved self-injurious to their party. yet when they talk about the debt creating they're help to injure the nation so long as they get their own way. is this party destined for a reputation that has nothing to do with constructive help and more about damaging themselves and the country? >> i think there was so
his poll numbers went up, and i imagine that the same thing would happen with obama. and, of course, there would be this attendant impact on the economy and attendant impact on people getting their government benefits and all sorts of things. so, again, i think the republican party talks about refashioning and rebranding and i think one of the ideas is to look at reagan. they always talk about reagan, but if you look at some of the things reagan actually did around immigration reform, for...
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Jan 21, 2013
01/13
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friends have seen of president obama, in the article it talks about the man who wanted to change the nature of washington now actually warns job candidates that it's hard to get anything done there. so, that's kind of a rude awakening that tom and david and doris talked about a little while ago. you come to this town for your first inaugural and you're fill ed with this hope and idealism and, unfortunately, there is a lot of reality that takes hold very quickly in this job and in this city. >> in some ways, washington itself is that immovable object, the president going to have coffee with the congressional leaders with both parties, a moment of bipartisanship, symbol of bipartisanship, yet the reality of bipartisanship all too rare in these last four years as washington has changed quite a bit. >> the american people want partisanship. they're tired of the gridlock and the fighting. >> and yet in a couple of weeksl roll up their sleeves, take the gloves off, talking about things like passing a budget, then they'll have to deal with gun control, climate. if the four years is any indi
friends have seen of president obama, in the article it talks about the man who wanted to change the nature of washington now actually warns job candidates that it's hard to get anything done there. so, that's kind of a rude awakening that tom and david and doris talked about a little while ago. you come to this town for your first inaugural and you're fill ed with this hope and idealism and, unfortunately, there is a lot of reality that takes hold very quickly in this job and in this city....
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Jan 15, 2013
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we're not seeing that. >> obama has been more energy friendly than people would like to admit. numbers back it up. production doing very, very well when he's been in office and the other thing i'm saying -- >> what about the keystone pipeline? >> nothing has come of it yet, but let me tell you there are other pipelines producing pretty well without that pipeline. we're talking 16% last year, 14% increase this year, another 10% the year after that. we're going to look at almost a 50% increase in oil production in four years in the united states so something seems to be working and it's not -- washington can't seem to stop it because the technology and the raw materials seem to be there. >> despite, despite washington. >> david, jump in here. how are you investing today? >> well, you know, we've talked about the vix earnings. right now we're coming off a trough in the third quarter. we don't expect much more earnings, for fourth-quarter earnings. vix is really contrarian indicator, a lot of complacency out there, so we think we're in this really virtuous psych. we have autos and
we're not seeing that. >> obama has been more energy friendly than people would like to admit. numbers back it up. production doing very, very well when he's been in office and the other thing i'm saying -- >> what about the keystone pipeline? >> nothing has come of it yet, but let me tell you there are other pipelines producing pretty well without that pipeline. we're talking 16% last year, 14% increase this year, another 10% the year after that. we're going to look at almost...
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Jan 18, 2013
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. >> let's talk about the inauguration monday. barack obama. take a look at the official white house photograph from 2009 and now in 2013. the presidency does age us, isn't it, neil? >> it certainly does. almost as bad as trying to run a media website. but seriously, obviously, when you see these pictures, before and after the presidents, you're like wow, i'm glad i didn't get a day older myself. it is a tough job and obviously particularly partisan, nasty. sort of things that tear at you internally. that's what's been going on the last four years. you got to feel for the guy. >> let's not go back to 2007 when we met. >> it is like dog years. salt and pepper looks okay on him. when i'm 51, i hope i'm in raz descent of shape. >> yeah. good basketball player. >>> quick programming note. on monday, we will have special coverage of the second inauguration of president barack obama. beginning at 11:00 a.m. eastern on monday here on cnbc. simon? >> in the meantime, millions of dollars worth of classic cars on the auction block in arizona right now. i
. >> let's talk about the inauguration monday. barack obama. take a look at the official white house photograph from 2009 and now in 2013. the presidency does age us, isn't it, neil? >> it certainly does. almost as bad as trying to run a media website. but seriously, obviously, when you see these pictures, before and after the presidents, you're like wow, i'm glad i didn't get a day older myself. it is a tough job and obviously particularly partisan, nasty. sort of things that tear...